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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (53790)9/24/1998 10:58:00 PM
From: Dwight E. Karlsen  Read Replies (1) of 58727
 
what happens when the SPX is up...like one day this week..but the dow is down...I think that was Tues.

the SOTP method I use says don't trade the day after that happens. As it turned out, the SPX/Nasdaq dragged the DJIA into the euphoric party. When the smoke clears, throw your spear into a wiggling put. :-)

my concept is the only one I'm comfortable with, considering that I can't access or even "watch" the market after 11:30 AM EST. That's 8:30AM for me, and I'm busy getting ready for work then. I'm definitely pleased with the little fishy my spear stuck into today though, particularly considering I had to launch the spear last night, not knowing if I struck anything until tonight, hours after the market closed.

I'm a stock market addict, so I play however I can.
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